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#88 Derek Sivers: Innovation Versus Imitation
The Knowledge Project with Shane Parrish
The Importance of Execution in Business
To make a successful business, great execution is crucial. A great idea without execution is worth very little, while a mediocre idea with excellent execution can still yield significant profits. However, when a great idea is combined with great execution, the potential for success increases exponentially, potentially resulting in millions of dollars in profit. This is why I prioritize execution over mere ideas.
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